Advertisement
Baked In BushwickBaked In Bushwick

‘The whole city is watching’: Nostrand Houses becomes the test case for fixing NYCHA without going private

The New York City Public Housing Preservation Trust closed $607 million in financing on September 29 to fully modernize Nostrand Houses in Sheepshead Bay, the first NYCHA development to be renovated through the Trust.

‘The whole city is watching’: Nostrand Houses becomes the test case for fixing NYCHA without going private
The NYCHA campus between Avenues V and X from above (left), and the Sheepshead Bay-Nostrand Houses grounds in the snow in January 2004 (right).
Advertisement
Baked In BushwickBaked In Bushwick

Mayor Zohran Kwame Mamdani, the New York City Housing Authority and the New York City Public Housing Preservation Trust announced on Wednesday, September 30, the financial closing of a $607 million modernization of Nostrand Houses in Sheepshead Bay, Brooklyn, the first public housing development to be fully renovated through the Trust.

The money will rehabilitate all 1,148 apartments across the development’s 16 residential buildings, home to roughly 2,000 people, and modernize building systems that residents say have gone neglected for decades. The work includes new kitchens and bathrooms, upgraded heating and cooling, new elevators, improved accessibility, lead and mold remediation and upgraded security systems. The financing closed Tuesday, September 29.

This story continues: 790 more words

Subscribe to read the full story.

Bushwick Daily is paid for by its readers. Enter your email to continue.

Featured image: Left: Imagery ©2026 Airbus, Maxar Technologies, Vexcel Imaging US, Inc.; map data ©2026 Google. Right: GK tramrunner229 / Wikimedia Commons, CC BY-SA 3.0

Advertisement
The Cloud Law Firm, strategic legal counsel for consumer brands
Advertisement
Leaf, the free community calendar for Bushwick
Advertisement
Bushwick Yacht Club
Advertisement
Baked In Bushwick
Produced by Bushwick Daily News Desk

Neighborhood news, politics, real estate, and business coverage produced by the Bushwick Daily newsroom.

View all posts
Advertise with Bushwick Daily

Reach all of New York.

Written in Bushwick, read across all five boroughs since 2009.

100,000+ readers a month 500,000+ on Instagram All five boroughs
Advertise with us →
Support Bushwick Daily — become a member